Home Depot breach cost credit unions almost $60M

 · It is far too early for financial institutions to tally all the costs of the Equifax data breach. But one Wisconsin credit union is already taking the embattled company to court. Summit Credit Union, which is based in Madison and has 34 locations around the state, is believed to be the first U.S.

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 · In 2016 and 2017, Home Depot agreed to settlements worth $44.5 million linked to class-action lawsuits for a 2014 breach that compromised the email and credit card information of.

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The data security breach at Home Depot stores in September cost credit unions nearly $60 million to reissue cards, deal with fraud and cover other costs, according to the results of a new survey.

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The 30-year mortgage, a product of the Depression For the record, back in April of 1971, the first month they began tracking 30-year fixed mortgage rates, the national average was 7.31%. It went as high as 18.45% in October 1981 and as low as 3.31% in November 2012.

The credit union alleges that Wendy’s had failed to properly secure customer payment data and that now banks are footing the bill. Using data from Visa, First Choice highlighted the fact that the data breach last for almost five months as evidence of Wendy’s lacklustre approach to security.

The Home Depot data breach cost credit unions almost $60 million, nearly twice as much as the Target breach, according to survey results released by CUNA Oct. 30.

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